The initiative which is steered by the presidents of the mentioned nations falls under the Affordable Finance at Scale program. The latter’s purpose is to boost investments in solar energy.

According to the official statement disclosing the news, the program aligns with priorities set during the last New Delhi Summit. It was finalized during a meeting held in Lomé, on August 23 and 24, between the president’s advisors.

Commenting on the project, Togo’s president, Faure Gnassingbé, said : “Through this initiative, African nations wish to get engaged in the solar revolution, both in Africa and the World.”

Last is Benin’s president, Patrice Talon who said : “This initiative will help implement more projects, faster, at a lower cost, and in a way that better fit our needs and interests.”

Nations involved will meet at the end of September for a second work session.

Let’s recall that since 2013, ECOWAS member-States have had their own clean energy development strategy.

The International Solar Alliance was established by India and France during the COP21. It aims to gather all 121 countries of the intertropical zone, leveraging their great solar potential to impact the sector, significantly.